Ether records a new record, and Bitcoin wipes gains from Rallly Jackson Hole Rally

ether It rose to a new record during the weekend, after it has ever achieved Friday For the first time since 2021.

The price of the second largest encrypted currency increased to $ 4,954.81 on Sunday afternoon. It was the last 1 % at 4,776.46 dollars.

During, Bitcoin At one time, all the gains from the Rally on Friday are erased, as it decreased to less than 110,779.01 dollars, its lowest level since July 10. The last trading was 2 % less of about $ 112,000. She struck the leading cryptocurrency Newest record 124496 dollars on August 13.

On Friday, Crypto was spent with the broader market after the Federal Reserve Chairman Jerome Powell It alluded to discounts in the coming prices Investors returned to risk. Ether rose 15 % and Bitcoin has acquired 4 %.

ETHER, instead of Bitcoin, leads the encryption mark for several weeks thanks to the regulatory tail winds, a boom in the interest in Stablecoins and collectively buying by a new set of electrical centers for companies. on saturday, Deta -photo techniquesETHER Treasury Company, headed by Wall Street Ball Tom Lee, bought $ 45 million in ether, according to the Crypto Arkham data provider.

This driving shift helped maintain ETH, which has maintained the level of $ 4000 this month after testing it to no avail to resist the brand a few times since 2021.

“The buyers are finally larger than the sellers,” said Ben Corland, CEO of Crypto Research Platform Dyor. “ETH ETFS installs fixed flows, and public companies have begun to deal with ETH as the origin of the Treasury Ministry that can share it in the return – a more comprehensive form of demand from retail speculation.”

“In addition, nearly a third of the supply is closed in Stokeing, the scaling solutions are mature, and with a decrease in the cost of capital, with a decrease in the cost of the capital,” he added. “These forces have turned $ 4,000 from the resistance level into a basis for re -pricing the next chapter for ETH.”